The iShares Bitcoin ETF is now bigger than its gold counterpart following rush into crypto on Trump win
IBIT has raked in about $1 billion of inflows over the past week, and $27 billion overall since its launch in January, according to FactSet. The rising price of bitcoin has pushed the total asset amount to more than $30 billion. IBIT is still about $30 billion smaller than the biggest gold ETF on the market, SPDR Gold Shares (GLD).
BlackRock's Bitcoin ETF Clinches Record $4 Billion Trading Volume Amid Trump Win
While IBIT outperformed its rivals on the day, the category still recorded $6 billion in total volume across all funds
BlackRock’s IBIT Bitcoin ETF Posts Record $1.1 Billion Inflow As Bitcoin Hits New ATH Following Fed Rate Cut
BlackRock’s IBIT spot Bitcoin ETF (exchange-traded fund) saw a record $1.1 billion in inflows after the US Federal Open Market Committee (FOMC) announced a 25 basis points rate cut, sending BTC to a new all-time high (ATH).
BlackRock’s Bitcoin ETF Surpasses Gold Fund After Record Inflow
Bitcoin exchange-traded fund has surpassed the size of its gold fund amid record demand for ETFs that invest in the original cryptocurrency.
BlackRock's Bitcoin ETF Has More Assets Than Its Gold ETF—Which Is Almost 20 Years Old
Key Takeaways The amount of assets held by BlackRock's iShares Bitcoin Trust has grown larger than their iShares Gold Trust, the second largest gold ETF by assets.A key difference: The iShares Gold Trust has existed since 2005,
Record $1.38B U.S. Bitcoin ETF Inflows on Trump Win, Fed Rate Cut
U.S. spot bitcoin ETFs saw record net inflows of more than $1.38 billion on Thursday as Bitcoin achieved a new all-time high. This comes as Republican Donald Trump won the U.S. presidency and the Federal Reverse announced another rate cut of 25 basis points.
BlackRock’s Bitcoin ETF is now larger than its Gold ETF
BlackRock’s iShares Bitcoin Trust (IBIT) has overtaken the iShares Gold Trust (IAU), in assets under management (AUM). BlackRock’s IBIT has garnered around $33.1 billion in AUM, overshadowing IAU, which currently holds around $32.
Bitcoin ETFs See Record $1.38B Inflow Following Fed’s Rate Slash
Bitcoin ETFs witnessed a record $1.38 billion in net inflows on Nov. 7. Ethereum ETF inflows slowed. Total assets under management in Bitcoin ETFs reached
IBIT ETF stock forecast as Bitcoin price targets $100k, inflows surge
The iShares Bitcoin Trust is on track for a spectacular rally when the markets open this week as Bitcoin price exploded ...
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Bitcoin ETFs hit $7 billion in trading volume, highest since March
Author: James Seyffart BlackRock’s IBIT accounted for half of volumes—roughly $4.6 billion worth of shares traded today, ...
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BlackRock’s IBIT sets record $1.1 billion in daily inflows
IBIT’s new record comes as Bitcoin achieved a new all-time high of over $76,000 on November 7 Dary McGovern, COO of Bitcoin ...
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Bitcoin Price Analysis: BlackRock’s Bitcoin ETF Surpasses Gold – Is a $100,000 Rally Next?
BlackRock's Bitcoin ETF surpasses its gold counterpart, reaching $33 billion in assets. Analysts discuss if a $100,000 ...
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BITO: Useful For Bitcoin Options, Better Alternatives Exist For Spot
BITO ETF tracks bitcoin via CME futures, but its structure leads to high dividends and lagging performance compared to spot ...
Final Trades: Glacier Bancorp, CME Group, the IBIT and the IYF
We’re less than three weeks away from the official end of the 2024 Atlantic hurricane season, but a new tropical threat has ...
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Spot Bitcoin ETFs Set Daily Inflows High as IBIT Tops $1.1B
Spot bitcoin ETFs attracted record-breaking inflows of nearly $1.4 billion on Thursday, with BlackRock’s iShares Bitcoin ...
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BlackRock’s IBIT Hits All-Time High, Surpasses Gold-Based ETF
BlackRock's Bitcoin ETF, IBIT, has surpassed its gold ETF, driven by Trump’s election and rate cuts, capturing $1.1 billion in recent inflows.
Crypto Today: BTC at $85K, Solana hits $100B valuation, FTX sues CZ, Blackrock sets new record
On Monday, Solana’s market capitalization crossed the $100 billion milestone as the steady memecoin demand drove the native SOL coin price above $220 for the first time since April 2024. BlackRock's ...